Chevron Shipping Company

"ShipTracks certainly proved its costs for the year in this one event during the 2008 hurricane season when were able to make "real-time" decisions and successfully achieved ... to bring crude tankers in and keep the refinery operational."

ShipTracks certainly proved its costs for the year in this one event during the 2008 hurricane season when were able to make "real-time" decisions and successfully achieved consensus with the Pilots, USCG, ACOE as well as operating within our Tenants of Operations to bring crude tankers in and keep the refinery operational. As we saw with Hurricane Gustav and Ike, our shipping channel was closed due to aids of navigation off station and shoaling on the channel. What should have normally taken the port in this condition a week to open, we were success in opening in two-and-a-half days. This re-opening of the channel included working with port "daylight only" restriction. As the condition of the refinery was at a critical state with the crude units on fumes, we had approximately eight hours left before the crude units went down. If we had not been successful in getting those crude tankers in to resupply refinery's storage tanks, the refinery posture would have been much different.

Chevron Shipping Company

March 2009